Sunday, July 24, 2011
There are only 49 states with a lower tax burden than New Jersey. People leave this state for Pennsylvania, which has higher taxes than a mere forty states, to avoid state taxes. I know, I've seen them do it.
Meanwhile, there are only five states with a lower aggregate tax burden than Texas, which has 30% more people than New York (which taxes slightly less aggressively than New Jersey) but which collects 60% less in taxes. Even if you believe that Texas does not do everything right, how can any principled New Yorker not be outraged, or at least ashamed, by the disparity?
Ha!! I scooped you by 32 minutes! http://blog.kirkpetersen.net/2011/07/surprise-new-jersey-has-the-highest-tax-burden.html
Easy! We New Yorkers are arrogant elitists who don't like anywhere that isn't NYC. Ask any New Yorker for driving instructions to get to another state: there is only one answer, "I don't know, but go across the GWB and turn left."
If you want to make hay from this invest in Delaware, especially areas down the Route 1 corridor. It is growing like a weed and you can commute to Philadelphia from there, assuming you can't find work locally.